A donor-advised fund (DAF) is a simple, flexible and tax-advantageous way to make a charitable donation. DAFs allow donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants from the fund over time.
DAFs can be easily set up through your financial institution or a community foundation to serve as a flexible charitable giving vehicle. You initiate the designation of a single grant or a recurring grant (monthly, quarterly, or annually) to Little Lights through your charitable account organization.